Good morning,

The fact that a 'surprised' Andrew Forrest threw his own lawyers under a bus on Wednesday suggests that even the billionaire has now realised that setting detectives to follow around the wives and kids of Fortescue's business rivals is a bad look, writes reporter Nick Evans in his analysis of one of the biggest corporate court cases in recent months.

Meanwhile as winemakers flood back into the Chinese market following the lifting of tariffs, Mary Hamilton, the boss of one of the country's oldest family companies and a speaker at The Australian's Global Food Forum next week, has warned the industry not to once again become too reliant on the Asian powerhouse.

And shares in Telstra continue to rally as brokers such as Macquarie admit they were wrong to downgrade the stock after the telco decided to remove the CPI-linked annual price review from its mobile phone plans.